Delhi-NCR retail leasing rises 45% in Q1 as fashion and F&B fuel demand
Delhi-NCR retail leasing reached 0.59 million sq ft in Q1 2026, up from 0.41 million sq ft a year earlier. Shopping malls accounted for 64% of transactions, with limited quality organised supply sustaining occupier interest.
Delhi-NCR retail leasing rose 45% year-on-year to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand. Malls captured 64% of leasing as constrained supply of quality organised retail space kept occupier interest strong.
Why this matters
The Q1 jump echoes a January 2026 report on fashion and F&B demand and follows 2024 rent tightening; 27M+ sq ft of retail supply is planned through 2028.
retail-company is accelerating, up 1,022,700% QoQ.